- This event has passed.
1 June 2017
Suppliers are required, under the Electricity Capacity (Supplier Payment etc.) Regulations 2014, to provide a forecast of their Net Demand for the Period of High Demand (Peak Period) for the 2017/18 Delivery Year, by 1 June 2017. This forecast is used to calculate Suppliers’ monthly Capacity Market Supplier Charge and monthly Credit Cover requirements.
On 2 May 2017 EMRS, on behalf of Electricity Settlements Company, issued the forecast template for Suppliers to submit their demand forecast.
EMRC121 also provided additional information on:
- What is included in the forecast template?
- What format should my forecast be in?
- What checks will EMRS carry out on submitted forecasts?
- What are the key dates?
- What are the escalation routes if forecasts aren’t submitted?
Suppliers are required to submit a forecast by 1 June 2017. A Supplier submits a forecast if they believe they will have Net Demand within the Peak Period for the 2017/18 Delivery Year. If a Supplier believes they will not have Net Demand for this period they should submit a zero forecast and explain why in the commentary.